Leveraging the Automation and System Capabilities of an HRIS Has

question 79

True/False

Leveraging the automation and system capabilities of an HRIS has allowed the HR role to enhance its service delivery to the organization.

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Definitions:

Quick Ratio

A liquidity measure that indicates a company's ability to cover its short-term liabilities with its most liquid assets, without selling inventory.

Liquidity

The ease with which an asset, or security, can be converted into ready cash without affecting its market price.

Asset Management

The process of effectively managing and investing in assets to increase their value or yield.

Debt Management

The process of overseeing and managing a company's or individual's debt load to maximize financial stability and minimize interest expense.